Tampa Bay Rays owner Stu Sternberg has reportedly reached an agreement in principle to sell the Major League Baseball team for $1.7 billion. The buyer is a group headed by Florida-based developer Patrick Zalupski. The deal, if finalized, would mark a significant change in ownership for the Rays, who have been under Sternberg's control since 2005. Further details regarding the sale, including timelines and potential relocation implications, are expected to emerge in the coming weeks. The agreement is subject to approval by Major League Baseball.